DOMS Industries Board Approves Financial Results, Joint Venture & Foundation

DOMS Industries’ board has approved the Q3 FY26 standalone and consolidated financial results. The company is also forming a joint venture with Seven SpA for backpacks and bags, investing up to ₹15 crore. Additionally, the board approved the incorporation of ‘DOMS Foundation’ to enhance CSR initiatives. Further, it allotted 525 equity shares under its Employee Stock Option Plan.

Financial Performance Highlights

The Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (Q3 FY26). Key figures from the standalone results include:

  • Revenue from operations: ₹511.14 million
  • Total Income: ₹514.43 million
  • Profit Before Tax: ₹72.52 million
  • Net Profit: ₹54.22 million

The consolidated results show:

  • Revenue from operations: ₹592.19 million
  • Total Income: ₹595.70 million
  • Profit Before Tax: ₹82.21 million
  • Net Profit: ₹61.41 million

Joint Venture for Backpacks and Bags

DOMS Industries is forming a 50:50 joint venture with Seven SpA to focus on backpacks, pencil cases, and bags. The joint venture aims to supply products for the benefit of F.I.L.A. Group globally and support the Indian market. The initial investment will be up to ₹150 million, with a targeted completion by June 30, 2026.

DOMS Foundation Incorporation

The company is incorporating DOMS Foundation to promote and execute Corporate Social Responsibility (CSR) initiatives. This foundation aims to enhance the effectiveness and reach of the Group’s CSR activities to address community needs and societal challenges. The process is underway.

Allotment of Equity Shares

The company allotted 525 Equity Shares of face value ₹10 each, under the Employee Stock Option Plan 2023. Post allotment, the equity share capital increased from ₹606,878,110 to ₹606,883,360.

Source: BSE

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